Flagstaff Redevelopment
823 W Clay Avenue Flagstaff, AZ 86001
For Sale
$890,000
COMMERCIAL - Flagstaff, AZ
Property Size2,422 SF
Lot Size0.30 Acres
Price / SF$367.46
Days on Market74
Property Features for 823 W Clay Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
10302004
Size
2,422 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUBDIVISION: RIORDAN ADD BEG AT INTRSECS LINE ARMORY AVE & E LINEBLACKBIR D ROOST TH ELY 50'; TH SLY 134'; TH WLY 50'; T
Tax Annual Amount
3011
Utilities
Utilities
Phone Available
Building Details
Year built
1935
Roof type
Asphalt
Listing Agency:
da Vinci Realty
(928) 779-3800
Listed By:
Rosa J Leonardis · License #SA646837000
(928) 607-8026
Added: May 18
Changed: May 20
Last Checked: Jul 30 at 1:06AM
MLS# 204589
Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property offers a redevelopment opportunity in Old Town Flagstaff. Positioned on a Highway Commercial-zoned parcel, the location is near Northern Arizona University, established residential neighborhoods, and key transportation corridors. The primary value lies in the land, zoning flexibility, and ongoing entitlement efforts. The sellers are pursuing entitlement pathways that may allow for preservation of the existing residence while adding 5 townhomes, or redevelopment of the site for up to 8 townhomes. Buyers should independently verify zoning, density, entitlements, permitted uses, and municipal approvals. The property benefits from strong connectivity, proximity to Northern Arizona University, nearby employment centers, and increasing housing demand. The location also offers convenient access to Butler Avenue, Milton Road, and Route 66, supporting both residential and mixed-use potential. An existing 6-bedroom structure is present on site and may provide interim utility; however, the opportunity is best suited for buyers focused on redevelopment, entitlement completion, land value, and long-term investment potential. The property size is 2422 square feet and the lot size is 0.3 acres.
Key Highlights
- Highway Commercial zoning offers significant redevelopment potential in high‑demand Old Town Flagstaff.
- Entitlement efforts underway for up to 8 townhomes or preserving the existing residence with 5 townhomes (buyer to verify).
- Rare commercially zoned infill parcel with potential for higher‑density development in central Flagstaff.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Highway Commercial-zoned land near NAU with redevelopment potential.
Where is this commercial land located?
The property is located at 823 W Clay Avenue Flagstaff, AZ.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Highway Commercial zoning offers significant redevelopment potential in high‑demand Old Town Flagstaff.; Entitlement efforts underway for up to 8 townhomes or preserving the existing residence with 5 townhomes (buyer to verify).; Rare commercially zoned infill parcel with potential for higher‑density development in central Flagstaff.